CFTC Proposes Exemption for Trading and Clearing of Gold ETF Volatility Index Options

Summary

The Commodity Futures Trading Commission (CFTC) has proposed exempting the trading and clearing of options on the CBOE Gold ETF Volatility Index (GVZ Index) from the Commodity Exchange Act (CEA) regulations, allowing for trading on the Chicago Board Options Exchange (CBOE) and clearing through the Options Clearing Corporation (OCC)